29-Nov-2024 | Zion Market Research
Some of key players household cleaners are Henkel AG & Co. KGaA, Godrej Consumer Products Limited, S. C. Johnson & Son, Inc., The Clorox Company Bombril, McBride, Kao Corporation., CALDREA, Melaleuca Inc., Unilever, Colgate-Palmolive Company, Procter & Gamble, 3M, Seventh Generation Inc., Environmental Working Group., Eastman Chemical Company, Amway, Balthazar & Brisco LLC, and Church & Dwight Co., Inc. are among others.
Zion Market Research has published a report on the global Household Cleaners Market, estimating its value at USD 37.53 Billion in 2023, with projections indicating that it will reach USD 54.66 Billion by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 4.27% over the forecast period 2024-2032.
This review is based on a report by Zion Market Research, titled “Household Cleaners Market By Product Type (Surface Cleaner, Glass Cleaner, Toilet Bowl Cleaner, Fabric Cleaner, and Others), By Application (Bathroom, Kitchen, Floor, Fabric, and Others), By Distribution Channel (Online and Offline): Global Industry Perspective, Comprehensive Analysis and Forecast, 2023 – 2032.”
Consumer preference towards Household Cleaners to Spur Growth
On the other hand, rising R&D for development of eco-friendly goods is likely to unlock up new growth opportunities in the years to come. Supporting government initiatives is also one of the factors responsible for the development of household cleaners market.
In addition to this, huge varieties of household cleaners obtainable in the industry at lower costs are likely to tower the growth of household cleaners market in the coming years. On the other hand, environmental problems related with the damaging composition of household cleaners in addition to rising rivalry from local players mostly in Asia Pacific area might affect the growth of household cleaners market.
Presence of Big Players in the Region Support North America Dominance
North America is leading area for the household cleaners market and is likely to hold its dominance in the coming years. Europe was the second biggest region for household cleaners market. Asia Pacific area is likely to develop at a highest CAGR in the forecast period in the household cleaners market. Asia Pacific is spearheaded by India and China. These nations are likely to see significant development in usage of household cleaners market in the coming years. The Latin America household cleaners market is also expected to develop due to rising demand from Brazil.
Browse the full “Household Cleaners Market By Product Type (Surface Cleaner, Glass Cleaner, Toilet Bowl Cleaner, Fabric Cleaner, and Others), By Application (Bathroom, Kitchen, Floor, Fabric, and Others), By Distribution Channel (Online and Offline): Global Industry Perspective, Comprehensive Analysis and Forecast, 2023 – 2032.” Report at https://www.zionmarketresearch.com/report/household-cleaners-market
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